A self-directed IRA (SDIRA) and a Roth self-directed IRA are both types of individual retirement accounts that allow for a wider range of investment options compared to traditional IRAs. Here are the key differences between the two: Self-Directed IRA (SDIRA) Tax Treatment: Contributions to a traditional SDIRA are typically tax-deductible, meaning you can deduct them […]
Retirement planning can feel like navigating a maze of financial jargon and complex strategies. Among many retirement planning principles, the 4% Rule is a guiding light for many aspiring retirees. This rule offers a simple yet powerful framework for determining how much you can safely withdraw from your retirement savings each year without running out
Understanding the 4% Rule: A Comprehensive Guide to Retirement Income Planning Read More »
Self-Directed IRAs (SDIRAs) are quickly becoming the retirement account of choice
7 Reasons Why Self-Directed IRAs Are Becoming the Retirement Account of Choice Read More »
Investments do not revolve around instant riches or instant wealth. Instant gratification is not your friend and ally in these ventures. You’ve sometimes heard the phrase, “It’s a marathon; not a sprint” in terms of investing, because that’s the reality.
As it turns out, there are many compelling reasons that might induce you to consider transferring everything from your 401(k) retirement account into a newly-created SDIRA—and these hold especially true when your target account is a checkbook control account.
Rolling your own Self-Directed IRA from a 401(k) Read More »
One of the most exciting benefits of wielding your own SDIRA is the fact you have so few limitations. If you don’t prefer, you don’t have to sit at the table of blasé fare which is all that the banks can offer.
Your self-directed account opens up a whole new world of options to explore: precious metals, bitcoin, real estate, tax liens, businesses, rental properties, debt instruments such as mortgage notes and countless more; all of it tax-sheltered.
Mortgage rates are back on the upswing, after a brief decline, and the housing market is still suffering from a lack of listings. As a result, mortgage demand continues to drop.
To make the best informed decision whether self-directed accounts are a good fit for your particular financial lifestyle, it’s important to separate truth from myth.
Debunking a few Myths and Risks of Self-Directed IRAs Read More »
Your vital financial future may very well hinge on the options you exercise as well as the necessary decisions you make pertaining to all of your investment strategies and, in this case, it’s good to remember that “hope is not a strategy.”
Do this to Map Out Your Self-Directed IRA (SDIRA) Read More »
